What is the primary purpose of this 8-K filing?

The primary purpose of this 8-K filing is to publicly disclose that Cheniere Energy's subsidiary, Sabine Pass LNG, L.P., has priced a significant private placement of Senior Secured Notes.

How much debt did Cheniere Energy raise through this private placement?

Cheniere Energy, through its subsidiary, raised approximately $2.032 billion in aggregate principal amount through the issuance of Senior Secured Notes.

What are the terms of the Senior Secured Notes issued?

The notes are issued in two series: 7.25% Senior Secured Notes due 2013 and 7.50% Senior Secured Notes due 2016. This indicates a dual-tranche debt offering with different interest rates and maturity dates.

Why is this financing important for Cheniere Energy?

This substantial debt issuance suggests significant capital is being raised, likely to fund the development or expansion of Cheniere's liquified natural gas (LNG) infrastructure projects, such as liquefaction terminals or regasification facilities. It's a key step in financing major energy infrastructure.

LNG 8-K: Regulation FD

Summary

Cheniere Energy, Inc. (LNG) filed an 8-K on November 1, 2006, to disclose a significant financing event through its subsidiary, Sabine Pass LNG, L.P. The company announced the successful pricing of a private placement for Senior Secured Notes totaling approximately $2.032 billion. This financing includes two tranches: 7.25% Senior Secured Notes due 2013 and 7.50% Senior Secured Notes due 2016.

Key Highlights

1Sabine Pass LNG, L.P., a subsidiary of Cheniere Energy, Inc., priced a private placement of Senior Secured Notes.
2The total aggregate principal amount of the notes is $2,032,000,000.
3The notes are divided into two series with different maturity dates and interest rates.
4One series comprises 7.25% Senior Secured Notes due 2013.
5The second series comprises 7.50% Senior Secured Notes due 2016.
6This filing indicates a substantial debt financing activity by Cheniere Energy for its LNG infrastructure projects.
7The press release announcing this pricing is furnished as an exhibit to the 8-K.

Cheniere Energy, Inc. 8-K Report, Regulation FD Disclosure (Nov 2, 2006)

Summary

Key Highlights

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